2023-11-15T09:02:19-06:00 2022-12-31 450250958 EIDE BAILLY LLP 5929 FASHION POINT DR STE 300 OGDEN UT 844034684 990 2022-04-01 870514438 MOUNTAINLANDS COMMUNITY HOUSING ASSOCIAT MOUN 4356479719 1960 SIDEWINDER DR PARK CITY UT 84060 SCOTT LOOMIS EXECUTIVE DIRECTOR 4356479719 2023-11-14 1 SCOTT LOOMIS 999009999 1 CHETT CAMPBELL CPA P01301037 8016211575 2023-11-14 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z SCOTT LOOMIS 1960 SIDEWINDER DR STE 107 PARK CITY UT 84060 4691161 0 X HTTP://WWW.HOUSINGHELP.ORG X 1993 UT MOUNTAINLANDS COMMUNITY HOUSING ASSOCIATION'S (MCHA) PURPOSE IS BASED ON THE BELIEF THAT A SAFE AFFORDABLE HOME IS OFTEN A FAMILY'S FIRST STEP TOWARD ECONOMIC SELF-SUFFICIENCY. MCHA ADDRESSES THE DUAL PROBLEMS OF HOUSING AFFORDABILITY AND AVAILABILITY ON THREE FRONTS: ACQUISITION AND NEW CONSTRUCTION OF AFFORDABLE HOUSING, DIRECT ASSISTANCE IN SECURING HOUSING AND NEEDED BASIC SERVICES, AND EDUCATION AND ADVOCACY TO PROMOTE HOUSING POLICY. 13 13 14 13 0 0 677831 2014928 1873681 2008622 17540 42256 -90350 -67006 2478702 3998800 28682 0 0 0 959124 827457 0 0 32999 1571383 3419886 2559189 4247343 -80487 -248543 27933281 30640811 19722192 23971065 8211089 6669746 X MOUNTAINLANDS COMMUNITY HOUSING ASSOCIATION'S (MCHA) PURPOSE IS BASED ON THE BELIEF THAT A SAFE AFFORDABLE HOME IS OFTEN A FAMILY'S FIRST STEP TOWARD ECONOMIC SELF-SUFFICIENCY. MCHA ADDRESSES THE DUAL PROBLEMS OF HOUSING AFFORDABILITY AND AVAILABILITY ON THREE FRONTS: ACQUISITION AND NEW CONSTRUCTION OF AFFORDABLE HOUSING, DIRECT ASSISTANCE IN SECURING HOUSING AND NEEDED BASIC SERVICES, AND EDUCATION AND ADVOCACY TO PROMOTE HOUSING POLICY. 0 0 3434015 1941616 IN AUGUST 2022, MOUNTAINLANDS LAUNCHED ITS COMMUNITY-BASED HOUSING RESOURCE CENTER (HRC) WITH A TWOFOLD PURPOSE: (1) TO COORDINATE AND FOCUS COMMUNITY SUPPORT FOR AFFORDABLE HOUSING; AND (2) TO SERVE AS A ONE-STOP-SHOP TO ASSIST PEOPLE IN IDENTIFYING AND OBTAINING HOUSING. THE CENTER WAS STAFFED INITIALLY BY TWO FULL-TIME POSITIONS: A HOUSING ADVOCATE WITH A FOCUS ON COMMUNITY ORGANIZING AND ADVOCACY WORK; AND A BILINGUAL HOUSING NAVIGATOR WITH AN AIM OF CONNECTING RESIDENTS, PARTICULARLY UNDERSERVED LOWER-INCOME LATINX HOUSEHOLDS, TO AFFORDABLE HOUSING OPPORTUNITIES. THE HRC WAS INITIALLY FUNDED BY THE PARK CITY COMMUNITY FOUNDATION (PCCF), PARK CITY MUNICIPAL CORPORATION (PCMC), AND MOUNTAINLANDS AND ACTED AS AN INDEPENDENT ADVOCATE (OUTSIDE OF MOUNTAINLANDS) FOR HOUSING ISSUES IN THE COMMUNITY. OUR HRC HAS ASSISTED IN SELLING 40% OF A NEW, AFFORDABLE 32-UNIT MOUNTAINLANDS' CONDOMINIUM PROJECT TO FIRST-TIME LATINX HOMEBUYERS (V. A GOAL OF 30% OF THE UNITS). OUR HRC STAFF INCREASED THE NUMBER OF LOW-INCOME WORKFORCE MEMBERS ON THE PCMC HOUSING WAITLIST BY 96 AND HELPED AN ADDITIONAL 16 HOUSEHOLDS (95% LATINX) OBTAIN PRE-APPROVALS FROM LENDERS FOR HOME PURCHASES. 307477 THE MUTUAL SELF-HELP HOUSING PROGRAM IS A USDA/RURAL DEVELOPMENT PROGRAM SPONSORED BY MOUNTAINLANDS FOR LOW-INCOME TO VERY LOW-INCOME FAMILIES TO ACHIEVE THE DREAM OF HOME OWNERSHIP THROUGH "SWEAT EQUITY". DURING THE FISCAL YEAR THE SELF HELP PROGRAM CONTINUED TO FACE HIGH COSTS OF CONSTRUCTION MATERIALS AND DELAYS IN SUBCONTRACTORS' DELIVERY OF SERVICE AND MATERIALS. DESPITE THE CHALLENGES ON MATERIALS AND SERVICES, CONSTRUCTION ON 18 HOMES IN THE SILVER CREEK VILLAGE SUBDIVISION MADE PROGRESS, RESULTING IN 12 FINISHED HOMES IN THE FISCAL YEAR. AT THE FRONTIER COTTAGES SUBDIVISION LOCATED IN FRANCIS, A 21-LOT SUBDIVISION, 9 HOMES WERE COMPLETED BY OCTOBER 2022. MOUNTAINLANDS CONTINUED TO REALIZE LARGE "GAINS ON SALE" FROM THE SALES OF THESE LOTS DURING THE FISCAL YEAR. 213418 LAST YEAR, MOUNTAINLANDS FINISHED THE INFRASTRUCTURE IMPROVEMENTS FOR THE PARKVIEW PLACE SUBDIVISION IN HEBER, A 49-LOT SUBDIVISION. MOUNTAINLANDS THEN BEGAN THE LOTS (13 SINGLE FAMILY, 30 TOWNHOMES AND 6 DUPLEX UNITS) AS AFFORDABLE HOUSING. WE CONTINUE TO MAKE PROGRESS ON 17 LOTS UNDER CONSTRUCTION OR SOLD WITH HOMES SUBJECT TO DEED RESTRICTIONS. 3954910 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 44 0 1 14 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 UT X X X SCOTT LOOMIS 4356479719 1960 SIDEWINDER DR STE 107 PARK CITY UT 84060 BOB RICHER PRESIDENT 2.00 X X 0 0 0 MARY CHRISTA SMITH VICE PRESIDENT 0.25 X X 0 0 0 RYAN HOFFMAN SECRETARY 0.25 X X 0 0 0 JEFF BRADSHAW TREASURER 0.25 X X 0 0 0 BRIAN BALLS BOARD MEMBER 0.25 X 0 0 0 ALEXIS BROWN BOARD MEMBER 0.25 X 0 0 0 KIMBER GABRYSZAK BOARD MEMBER 0.25 X 0 0 0 JAIR HERNANDEZ BOARD MEMBER 0.25 X 0 0 0 THOMAS EDDINGTON JR BOARD MEMBER 0.25 X 0 0 0 CHRIS LAMPE BOARD MEMBER 0.25 X 0 0 0 JESSICA NORIE BOARD MEMBER 0.25 X 0 0 0 KATIE WILKING BOARD MEMBER 0.25 X 0 0 0 GUILLERMO ZELAYA BOARD MEMBER 0.25 X 0 0 0 PAT MATHESON EXECUTIVE DIRECTOR 40.00 X 134461 0 27583 134461 0 27583 1 0 1 0 NO WORRIES CONSTRUCTION PO BOX 430 OAKLEY UT 84055 CONSTRUCTION 231780 TC DRYWALL 776 E 270 N HEBER CITY UT 84032 CONSTRUCTION 158100 ELLIOTT WORKGROUP 1441 UTE BLVD ST 100 PARK CITY UT 84098 ARCHITECTURE 152937 GARY SESSIONS PLUMBING 4493 E CENTERCREEK RD HEBER CITY UT 84032 CONSTRUCTION 143800 TOBY PARCELL 4656 CHERRY ST 4 MURRAY UT 84123 CONSTRUCTION 136140 9 632888 1382040 2014928 GROSS RENTS 541610 1864123 1864123 MANAGEMENT 541610 79499 79499 CONSULTING 541610 53000 53000 OTHER 541610 12000 12000 2008622 42256 42256 625355 692361 -67006 -67006 3998800 1941616 0 42256 127374 101900 21653 3821 543316 414531 112485 16300 92567 71277 18513 2777 64200 49434 12840 1926 118767 118767 8941 615 8326 15668 1850 13818 23638 18202 4728 708 21093 8535 12225 333 304232 286976 15005 2251 9821 8716 1105 429993 427989 2004 940732 920104 20628 90644 83458 7186 REPAIRS & MAINTENANCE 987984 987984 LOAN FORGIVENESS EXPENS 370580 370580 TAXES & LICENSES 51245 51245 OTHER 27557 22906 4651 18991 9841 8918 232 4247343 3954910 259434 32999 1768704 1794619 980605 520267 250000 5238 235497 1465248 1331202 27446 29047366 10214258 5840001 18833108 816499 17056986 7648672 27933281 30640811 234873 393388 29118 6178785 22005186 13308534 1543373 19722192 23971065 X 8211089 6419746 250000 8211089 6669746 27933281 30640811 -248543 -243 -1292557 0 X 0 1 X 1 0 X 771612 594105 739534 677831 2014928 4798010 771612 594105 739534 677831 2014928 4798010 1052776 3745234 28040 23948 20782 17540 42256 132566 4930576 2008622 0.75960 0.92130 X 0.92130 0.07870 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5818380 5818380 22235267 10097609 12137658 856788 116649 740139 136931 136931 18833108 LAND HELD FOR SALE 7612717 RIGHT OF USE ASSET 35955 7648672 LEASE LIABILITIES 38135 SECURITY DEPOSITS 101446 OTHER CURRENT LIABILITIES 124748 GROUND LEASE COMMITMENT LIABILITY 1279044 1543373 3998800 0 3998800 0 3998800 4247343 0 4247343 0 4247343 X X 0 0 0 0 0 0 0 0 0 PAT MATHESON EXECUTIVE DIRECTOR 129461 0 5000 0 0 0 9492 0 18091 0 162044 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE MANAGEMENT OF DAILY OPERATIONS OF ALL PROPERTIES HAS BEEN DELEGATED TO A MANAGEMENT COMPANY (SELLERS GROUP). FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PROVIDED TO EACH BOARD MEMBER FOR REVIEW AND COMMENT PRIOR TO FILING. IN ADDITION, MANAGEMENT REVIEWS THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION FOLLOWS THE POLICIES OF THE UTAH NONPROFIT ASSOCIATION CODE OF ETHICS. ONE CODE SPECIFICALLY RELATES TO CONFLICTS OF INTEREST. ALL EMPLOYEES AND BOARD MEMBERS ARE SUBJECT TO THE CONFLICT OF INTEREST POLICY, WHICH REQUIRES THAT ALL ACTUAL, POTENTIAL, OR PERCEIVED CONFLICTS OF INTEREST BE DISCLOSED. THE POLICY REQUIRES THAT BOARD MEMBERS AND STAFF ACT IN THE BEST INTERESTS OF THE ORGANIZATION RATHER THAN ON THE BASIS OF PERSONAL INTERESTS OR THE INTERESTS OF THIRD PARTIES. THE BOARD OF DIRECTORS AND EXECUTIVE DIRECTOR REVIEWS EACH ACTUAL, POTENTIAL, OR PERCEIVED CONFLICT OF INTEREST. THEY WILL DETERMINE WHAT SPECIFIC ACTION IS REQUIRED TO ENSURE THE BEST INTERESTS OF THE ORGANIZATION. IN ADDITION, EACH YEAR THE ORGANIZATION AFFIRMS COMPLIANCE WITH THIS POLICY IN A SIGNED DOCUMENT TO THE UTAH NONPROFIT ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE EXECUTIVE DIRECTOR IS APPROVED BY THE BOARD EACH YEAR WHEN THE BUDGET IS APPROVED. SALARIES AND RAISES ARE GIVEN TO THE BOARD AS PART OF THE BUDGET AND THE ENTIRE BUDGET IS APPROVED BY THE BOARD AFTER DISCUSSION. SALARY COMPARISONS ARE SHARED WITH FOUR OTHER NON-PROFIT ENTITIES IN UTAH IN THE AFFORDABLE HOUSING BUSINESS. THE DATA IS USED AS A COMPARISON WHEN ESTABLISHING SALARIES. THE BOARD DOCUMENTS APPROVAL OF ALL PAY RATE CHANGES AND MERIT AWARDS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. MOUNTAINLANDS PARKSIDE LLC 1960 SIDEWINDER DR 107 PARK CITY UT 84060 REAL ESTATE UT MOUNTAINLANDS COMMUNITY HOUSING ASSOCIATION MINEROS APARTMENTS MANAGEMENT LLC 1960 SIDEWINDER DR 107 PARK CITY UT 84060 REAL ESTATE UT MOUNTAINLANDS COMMUNITY HOUSING ASSOCIATION MINEROS APARTMENTS 1960 SIDEWINDER DR 107 PARK CITY UT 84060 REAL ESTATE UT MOUNTAINLANDS COMMUNITY HOUSING ASSOCIATION MOUNTAINLANDS COMMUNITY HOUSING DEVELOPMENT LLC 1960 SIDEWINDER DR 107 PARK CITY UT 84060 REAL ESTATE UT MOUNTAINLANDS COMMUNITY HOUSING ASSOCIATION MOUNTAINLANDS COMMUNITY HOUSING LOAN FUND 1960 SIDEWINDER DR 107 PARK CITY UT 84060 REAL ESTATE UT 31064 1034810 MOUNTAINLANDS COMMUNITY HOUSING ASSOCIATION MOUNTAINLANDS COMMUNITY LAND TRUST 1960 SIDEWINDER DR 107 PARK CITY UT 84060 REAL ESTATE UT 27914 2328581 MOUNTAINLANDS COMMUNITY HOUSING ASSOCIATION MOUNTAINLANDS HOUSING PARTNERS LP 1960 SIDEWINDER DR 107 PARK CITY UT 84060 870650611 REAL ESTATE UT 621083 2822744 MOUNTAINLANDS COMMUNITY HOUSING ASSOCIATION CROWN AT RIVER BLUFFS LLC 1960 SIDEWINDER DR 107 PARK CITY UT 84060 463194743 REAL ESTATE UT MOUNTAINLANDS COMMUNITY HOUSING ASSOCIATION RELATED 6 75 0 1 ELMBRIDGE APARTMENTS LP 1960 SIDEWINDER DR 107 PARK CITY UT 84060 273206059 REAL ESTATE UT MOUNTAINLANDS COMMUNITY HOUSING ASSOCIATION RELATED 80 843 0 1 PRESTIGE SENIOR LIVING CENTER LLC 1960 SIDEWINDER DR 107 PARK CITY UT 84060 273481604 REAL ESTATE UT MOUNTAINLANDS COMMUNITY HOUSING ASSOCIATION RELATED 18 210 0 1 RICHER PLACE APARTMENTS LLC 1960 SIDEWINDER DR 107 PARK CITY UT 84060 463778017 REAL ESTATE UT MOUNTAINLANDS COMMUNITY HOUSING ASSOCIATION RELATED 30 369 0 1 PARKSIDE PARK CITY LIMITED PARTNERSHIP 1960 SIDEWINDER DR 107 PARK CITY UT 84060 510513894 REAL ESTATE UT MOUNTAINLANDS COMMUNITY HOUSING ASSOCIATION RELATED 431404 2835284 0 1 MOUNTAINLANDS ELMBRIDGE LLC 1960 SIDEWINDER DR 107 PARK CITY UT 84060 272602112 REAL ESTATE UT MOUNTAINLANDS COMMUNITY HOUSING ASSOCIATION -107 5877 0 MOUNTAINLANDS RICHER PLACE APARTMENTS INC 1960 SIDEWINDER DR 107 PARK CITY UT 84060 472939572 REAL ESTATE UT MOUNTAINLANDS COMMUNITY HOUSING ASSOCIATION -106 974 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 CROWN AT RIVER BLUFFS LLC I 3657 MANAGEMENT FEES ELMBRIDGE APARTMENTS LP I 6720 MANAGEMENT FEES PRESTIGE SENIOR LIVING CENTER LLC I 11523 MANAGEMENT FEES RICHER PLACE APARTMENTS LLC I 14443 MANAGEMENT FEES